30 Best Business Schools in 2021

A master’s in business degree is an ideal program for individuals seeking upper-level positions in a wide range of fields. The degree provides students with in-depth instruction in a variety of business topics. Examples of coursework include general management, financial accounting, corporate finance, marketing, statistics, leadership theory, human resource management, and economics. Since nearly all industries involve business in some form, a business degree is helpful for a wide variety of career fields. Additional benefits include career advancement, higher yearly salary, and adequate job security.

30 Best Business Schools in 2021

  1. Brigham Young University
    Location

    Laie, HI

    Tuition

    $$$$$

    Brigham Young University offers the most affordable MBA program on our list. Also, the Marriott School of Business is ranked by U.S. News and World Report as the 31st best graduate business school in the country–tied with Texas A&M and USC. During the first year, the MBA program from Marriott requires courses in corporate financial reporting, marketing management, operations management, and strategic HR management. A summer internship is highly recommended between the first and second years so that students may develop professional interests and gain work experience. During the second year, students are free to select from a variety of electives to fulfill their chosen major in one of five areas of specialization. BYU is our selection for the most affordable of the top 30 best business schools in the country.

  2. Indiana University
    Location

    Indiana, PA

    Tuition

    $$$$$

    Indiana University's Kelley School of Business is a top-ranked and affordable business school for those in pursuit of their MBA. The full-time MBA program offers customizable curriculum that allows students to explore areas specific to career goals. Some of the specialty areas include business analytics, entrepreneurship and corporate innovation, finance, management, marketing, and strategic analysis of accounting. Joint degree programs are also available and include the three or four year JD/MBA and the MBA/MA program. Indiana University is a top nationally ranked institution by major publications like U.S. News and World Report. Also, the Kelley School of Business ranks #22 among the best graduate business schools in the country–tied with Georgetown and Vanderbilt.

  3. University of Texas
    Location

    Dallas, TX

    Tuition

    $$$$$

    University of Texas McCombs School of Business is one of the top business schools in the country. Several MBA pathways are available for completion, including the evening, executive, and full-time MBA. Admission is highly selective and includes official transcripts and test scores, a completed application, letter of recommendation, and essays. Interviews are by invitation only and issued on a rolling basis. The MBA program offers market-driven concentrations so that students may hone their degree to fit career goals. Some of the concentrations include accounting, finance, management, or marketing. University of Texas is ranked by major publications like U.S. News and World Report. Also, the business school is ranked #16 in the nation, tied with UNC's Kenan-Flagler School of Business.

  4. University of North Carolina
    Location

    Asheville, NC

    Tuition

    $$$$$

    University of North Carolina's Kenan-Flagler Business School offers full-time and executive MBA programs designed to provide intensive study through customized curriculum and concentrations. Students may tailor their MBA to suit career goals and interests by selecting a concentration or focus area. Career concentrations include capital markets and investments, corporate finance, management consulting, and operations management. Independent study and business projects are a major part of the program. While UNC is a top-ranked public university, the Kenan-Flagler Business School has also received recognition. In fact, U.S. News and World Report ranks the business school #16, tied with University of Texas.

  5. University of Wisconsin
    Location

    Madison, WI

    Tuition

    $$$$$

    University of Wisconsin's School of Business offers three MBA completion pathways–the evening MBA, executive MBA, and full-time MBA. Those enrolled in the full-time MBA may choose one of ten career specializations. These include applied security analysis, brand and product management, corporate finance and investment banking, marketing research, and strategic human resource management. Common courses taken during the first year of study include data to decisions, introduction to financial management, introduction to financial reporting and analysis, leading and working in teams, and marketing management. University of Wisconsin is a top-ranked public institution. Also, the business school ranks #27 among the best graduate business schools in the nation, according to U.S. News and World Report.

  6. Ohio State University
    Location

    Wooster, OH

    Tuition

    $$$$$

    The Ohio State University Fisher College of Business offers a full-time MBA, executive MBA, and MBA for working professionals. Specializations are available and allow students to tailor their degree to better suit career goals and personal interests. A total of 57 credit hours are required, including core courses in accounting, data analysis, finance, international business, leadership, and professional development and business communication. Admissions requirements include academic transcripts, letters of recommendation, resume, test scores, and essays and supplemental information. Ohio State is a nationally ranked institution. Also, the Fisher College of Business is ranked by U.S. News and World Report as the 37th best graduate business school in the nation.

  7. University of California Los Angeles (UCLA)
    Location

    Los Angeles, CA

    Tuition

    $$$$$

    UCLA's Anderson School of Management is a well-known business school ranked by major publications and recognized for its MBA program. Core curriculum is designed to prepare students with a solid business foundation that transitions well into various careers. Summer and school year internships are a requirement and major part of the program. There are also 15 specialization areas offered so that students may tailor their degree towards internship goals or career interests. Some of these specializations include accounting, brand management, corporate finance, entertainment, healthcare management, marketing analytics, and social impact. Admission requires a bachelor's degree, GMAT or GRE scores, recommendation letters, application essay, and work experience. Anderson School of Management is ranked by U.S. News and World Report as the 15th best business school in the country.

  8. University of Washington
    Location

    Bothell, WA

    Tuition

    $$$$$

    Foster School of Business at University of Washington offers several MBA pathways, including the full-time, evening, executive, and technology management MBA. The full-time MBA is built on curriculum suited to each student's career goals and offers the right blend of classes, activities, and projects. Courses include building effective teams, financial reporting and analysis, leadership development, managerial finance, and marketing strategy. Core and elective study teams are a part of the program and are designed to equip students with teamwork skills while working on consulting projects or business plan competitions. Foster School of Business is ranked by major publications. In fact, the most recent edition of Best Business Schools published by U.S. News and World Report ranks Foster #27, tied with University of Minnesota, University of Wisconsin, and Ohio State University.

  9. University of Virginia
    Location

    Charlottesville, VA

    Tuition

    $$$$$

    University of Virginia's Darden School of Business offers an MBA program with industry specialty areas like energy, healthcare, media and sports and entertainment, real estate, and social enterprise. Specializations allow students to tailor their degree to fit career goals and personal interests. Core courses cover a wide range of topics, including business ethics, decision analysis, global economies and markets, management communication, marketing, and operations management. Applicants are required to take either the GMAT or GRE, submit an essay, two recommendation letters, resume, and transcripts. Darden Business School is ranked by major publications like U.S. News and World Report as the 11th-best business school in the country.

  10. University of Minnesota
    Location

    Crookston, MN

    Tuition

    $$$$$

    University of Minnesota's Carlson School of Management offers a traditional, evening, weekend, and online MBA. Students may also enroll as part-time or full-time students. The traditional, full-time MBA program offers seven areas of specialization, including entrepreneurship, finance, information systems, management, and marketing. Core classes include data analysis, financial accounting, leadership foundations and leading self, operations management, and strategic management. Admissions require a personal state essay, GMAT or GRE score, transcripts, three professional references, and a current resume. University of Minnesota is a nationally ranked institution, and its business school ranks #27 in U.S. News and World Report.


  • Our Methodology, Explained


    Grad School Hub compiles rankings based on public data released from educational, commercial, and government databases. Sources such as the National Center for Education Statistics and the U.S. Bureau of Labor Statistics play a significant role in how we source our educational data. After collecting insight for each institution, we organize information into five weighted categories.

    Metric Data Used Percentage
    Academic Quality Full-time faculty percentage, student-to-faculty ratio, student retention and graduation rates 30%
    Affordability Tuition rates, median student debt, and financial aid 10%
    Reputation Admission and enrollment rates 30%
    Program Offerings Number of program options 20%
    Online Enrollment Score Portion of learners taking at least one online course 10%

    A more comprehensive evaluation of how each category is determined and scored is accessible on our Ranking Methodology page.


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